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Barclays: UBS raises target price

(CercleFinance.com) - UBS has confirmed its 'buy' recommendation on Barclays shares, with a target price raised from 340 pence to 350 pence, a new TP that offers 19% upside potential for the stock, following the British bank's annual results last week.


Barclays' results beat consensus, and targets for 2025 were in line with expectations, but seem conservative to us, the broker says, which sees significant upside potential for forecast earnings and distributions.


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